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The Pomp Podcast

#506 Ethan Buchman on Standardization And Interoperability

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 5 March 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

Ethan Buchman is the cofounder of Cosmos. In this conversation, we discuss sustainable economic systems, localism, sovereignty, interoperability, proof of stake, and why standardization is so important.  ======================= LMAX Digital is the leading institutional crypto currency exchange with current average daily columes of $2bn. Built on proven, trusted LMAX Group trading technology, LMAX Digital delivers a market-leading solution for trading and custodial services for the most liquid crypto currencies. Trading with all the largest institutions globally, LMAX Digital is a primary price discovery venue, streaming real-time market data to the industry’s leading indices and analytics platforms, enhancing the quality of market information available to investors and enabling a credible overview of the spot crypto currency market. Learn more at lmaxdigital.com/pomp ======================= OKCoin.com is the leading crypto exchange for both beginners and experienced users. You can fund your account in under 2 minutes, and get access to the most advanced trading engine, all while paying the lowest trading fees in the industry (0.1%). Visit www.okcoin.com/pomp and open your account today.  ======================= Pomp writes a daily letter to over 135,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off.

0:11.8

Ethan Buckman is the co-founder of Cosmos. In this conversation, we discuss sustainable economic systems, localism, sovereignty, interoperability, proof of stake, and why standardization

0:24.0

is so important. I really enjoyed this conversation with Ethan, and I hope you do as well.

0:29.8

Before we get into this episode, though, I want to quickly talk about our sponsors. First up is

0:34.1

Elmax Digital. They're the leading institutional cryptocurrency exchange,

0:37.7

which offers clients a regulated,

0:39.3

transparent, and secure trading environment.

0:41.6

With an average of $2 billion traded per day,

0:44.4

Elmax Digital counts all of the largest

0:46.1

global crypto trading institutions as its clients.

0:49.1

Leveraging the LMAX groups

0:50.4

proven low latency technology and liquidity relationships,

0:53.4

Elmax Digital offers the market leading solution for crypto trading and custodial services.

0:58.3

As a primary price discovery venue, OMAX Digital provides streaming real-time market data

1:03.2

to the industry's leading indices and analytics platforms, enhancing the quality of market

1:07.8

information available to investors.

1:10.0

Trade like an institution with

1:11.2

Elmax Digital. Learn more at elmaxdigital.com slash pomp. Again, Elmaxdigital.com slash pomp.

1:19.8

Next up is OKCoin. OKCoin is a U.S.-based regulated exchange. They know that you've got lots of

1:26.2

exchanges to choose from, but what they're

1:28.1

focused on is they want to help you get from no account to a funded account as fast as possible.

1:36.2

They serve over 184 countries, and it's super easy to use and offer some of the lowest fees in the

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